Search Results - "Makar, Stephen"

The mixed attribute model in SFAS 133 cash flow hedge accounting: implications for market pricing by Makar, Stephen, Wang, Li, Alam, Pervaiz

“…In this study, we examine the pricing of cash flow hedge adjustments reported in other comprehensive income (OCICF), under the mixed attribute model in SFAS…”
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FX Cash Flow Risk Management: Financial Reporting Issues and Practical Implications by Wang, Li, Makar, Stephen

“…Companies having foreign sales can avoid large fluctuations in earnings and cash flows caused by changes in foreign exchange (FX) rates through the use of…”
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Managing Euro FX Risk With Benchmark Data by Makar, Stephen, Wang, Li

“…Prompted by the financial crisis, central banks have offered unprecedented support for the global economy since 2007. But a primary concern of treasurers…”
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The FX exposure puzzle: insights from SEC disclosures by Makar, Stephen, Huffman, Stephen

“…Purpose - Using firm-specific SEC currency risk disclosures, this paper aims to provide insight into the puzzling absence of significant returns-based foreign…”
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Managing FX risk during the Euro crisis by Makar, Stephen, Wang, Li, Alam, Pervaiz

“…Since the start of the Great Recession in 2007, treasurers have been challenged to manage cash flow uncertainty—including the impact of exchange rate (FX)…”
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Managing FX risk: How useful is accounting information? by Makar, Stephen, Wang, Li, Alam, Pervaiz

“…Multinational companies manage their exposure to changes in foreign exchange (FX) rates, in part, by using FX derivatives (FXD). And recent volatility in FX…”
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The Value-Relevance of Derivative Disclosures by Commercial Banks: A Comprehensive Study of Information Content Under SFAS Nos. 119 and 133 by Wang, Li, Alam, Pervaiz, Makar, Stephen

“…This study examines the value-relevance of banks' derivative disclosures under Statements of Financial Accounting Standards (SFAS) Nos. 119 and 133. Using the…”
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A three-factor model investigation of foreign exchange-rate exposure by Huffman, Stephen P., Makar, Stephen D., Beyer, Scott B.

“…We investigate the likelihood of extreme foreign exchange-rate exposure (FXE), conditioning upon key firm factors and an expanded view of hedging. Our…”
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UK Multinationals' Effective Use of Financial Currency-Hedge Techniques: Estimating and Explaining Foreign Exchange Exposure Using Bilateral Exchange Rates by Makar, Stephen D., Huffman, Stephen P.

“…Using a unique dataset of recently available accounting disclosures, this study examines the relationship between UK multinationals' stock returns and changes…”
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Hedge accounting and investors’ view of FX risk by Wang, Li, Makar, Stephen

“…Purpose This paper aims to examine the foreign exchange (FX) risk effects of cash flow hedge accounting (HA). To the extent the HA qualification criteria and…”
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Earnings Management and Antitrust Investigations: Political Costs Over Business Cycles by Makar, Stephen D., Alam, Pervaiz

“…This paper examines evidence of earnings management pertaining to regulatory‐imposed wealth transfers (i.e., political costs) over business cycles. The sample…”
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The effectiveness of currency-hedging techniques over multiple return horizons for foreign-denominated debt issuers by Huffman, Stephen P, Makar, Stephen D

“…In this study we use a unique dataset to examine the effectiveness of hedging techniques in reducing currency risk across different time horizons. Our primary…”
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Interest rate derivatives use in banking: Market pricing implications of cash flow hedges by Akhigbe, Aigbe, Makar, Stephen, Wang, Li, Whyte, Ann Marie

“…We examine whether investors are able to fully anticipate the pricing implications of cash flow hedges in the banking industry. We show that mark-to-market…”
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Foreign exchange derivatives, exchange rate changes, and the value of the firm: U.S. multinationals’ use of short-term financial instruments to manage currency risk by Makar, Stephen D., Huffman, Stephen P.

“…This paper examines the firm value effects of exchange rate changes in relation to the use of short-term foreign exchange derivatives (FXD) for U.S…”
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Exchange rate exposure and foreign exchange derivatives: do ineffective hedgers modify future derivatives use? by Anderson, Brian P., Makar, Stephen D., Huffman, Stephen H.

“…Recent studies examining the relationship between stock returns and exchange rate changes have provided evidence that the exchange rate exposure of…”
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The management of foreign currency risk: derivatives use and the natural hedge of geographic diversification by Makar, Stephen D., DeBruin, Jay, Huffman, Stephen P.

“…This study investigates how large US multinational companies use foreign exchange derivatives (FXDs) to manage currency risk. The study tests whether a…”
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Foreign-denominated debt and foreign currency derivatives: complements or substitutes in hedging foreign currency risk? by Elliott, William B., Huffman, Stephen P., Makar, Stephen D.

“…Using a unique dataset, this study examines the relationship between foreign-denominated debt (FDD), foreign currency exposure and foreign currency derivative…”
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Foreign currency translation under the temporal rate method by Makar, Stephen D., Stanko, Brian B., Zeller, Thomas L.

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Earning management and antitrust investigations: Political costs over business cycles by Makar, Stephen D, Alam, Pervaiz

“…This study examines evidence of earnings management pertaining to regulatory-imposed wealth transfer (that is, political costs) over business cycles. The…”
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Earnings Management and Antitrust Investigations: Political Costs Over Business Cycles by Makar, Stephen D, Alam, Pervaiz

“…This paper examines evidence of earnings management pertaining to regulatory-imposed wealth transfers (i.e., political costs) over business cycles. The sample…”
Get full text